Yunji Stock Scheduled to Reverse Split on Friday, September 13th (NASDAQ:YJ)

Shares of Yunji Inc. (NASDAQ:YJ) are set to reverse split on Friday, September 13th. The 1-4 reverse split was announced on Wednesday, September 11th. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, September 12th.

Yunji Trading Up 15.6 %

Shares of NASDAQ:YJ traded up $0.07 during midday trading on Wednesday, reaching $0.52. 81,773 shares of the company were exchanged, compared to its average volume of 38,350. Yunji has a one year low of $0.36 and a one year high of $1.18. The business’s fifty day moving average is $0.60 and its two-hundred day moving average is $0.70. The stock has a market cap of $10.22 million, a PE ratio of -0.47 and a beta of 0.45.

Yunji (NASDAQ:YJ) last released its quarterly earnings data on Friday, August 23rd. The company reported ($0.06) EPS for the quarter. Yunji had a negative net margin of 20.69% and a negative return on equity of 8.78%. The business had revenue of $14.58 million for the quarter.

About Yunji

Yunji Inc, together with its subsidiaries, operates a social e-commerce platform in the People's Republic of China. It offers a range of product categories that cater various daily needs of users and their households, including beauty and personal care, household goods, cloths, food and fresh produce, computer and electronics, apparel, bags and cases, baby and maternity products, and home appliances.